The primary responsibilities of the position are proposing, reviewing and validating theoretical foundation and conceptual soundness of models, underlying assumptions and limitations; developing code for models, conduct testing and ensuring implementation of models by users; assessing the accuracy performance of models and ensuring coherence with best practices such as Basel rules and regulations. Entry level to the Bank will depend on the experience and qualifications of the applicant.

Specific Responsibilities include but are not limited to:

Overseeing capital adequacy analysis including stress testing

Migrating excel based models to robust and scalable platforms

Spearheading quantitative analytics

Leading efforts in validating models

Preparing well written technical documents that serve as manual/guidelines for the model/process and methodologies.

Candidate Requirements:

Minimum of 5-10 years of experience in relevant areas

Background and experience in modeling credit risk parameters such as PD/EAD/LGD and correlations

Experience in developing and implementing methodology and model for stress testing various risks